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Iraqi News Tuesday AM 4-6-21

Iraqi News Tuesday AM 4-6-21

TLM724 Administrator BondLady’s Corner

In The Document ... A Deputy Questions The Governor Of The Central Bank For Violations Of Dollar Sales And How To Dispose Of Them

Time: 04/06/2021 14:50:11 Read: 1,144 times   {Politics: Al Furat News} A member of Parliament, Representative Jamal al-Muhammadawi, addressed the Central Bank of Iraq regarding controlling dollar sales and how to dispose of it, asking about the differences in selling and covering them from the bank’s foreign currency reserves.

A document issued by the Office of Muhammadawi, addressing the Governor of the Central Bank, revealed, "Referring to the reports of the Federal Office of Financial Supervision, the quantities of US dollars sold in the foreign currency auction in the Central Bank of Iraq for the period from (1/1/2015) until (12/31 / 2015) up to (44303800) dollars (forty-four billion three hundred and three million eight hundred thousand dollars) according to the statements of the Financial Operations and Debt Management Department, the Foreign Currency Sale and Purchase Window Section, the Statistics and Research Department, the Macroeconomic Department and an index of a group of violations.

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He added that "among these violations is the failure of some banks and financial transfer companies to provide the central bank with full information about their purchases of dollars, which indicates the absence of coordination between the relevant authorities in the central bank regarding controlling dollar sales and the way to dispose of it."

He continued, "The dollar purchases from the Ministry of Finance during the same period mentioned above amounted to (32450) billion dollars (thirty-two billion four hundred and fifty million dollars), that is, a difference of (11853) billion dollars (eleven billion eight hundred and fifty-three million dollars) for the quantities sold The US dollar led to the use of the bank’s foreign currency reserves to cover dollar sales. "

Al-Muhammadawi stressed the need to clarify the causes of these violations and to reveal the necessary measures taken by the Central Bank.   LINK

The Victory Coalition Issues A Statement About The Exchange Rate Of The Dinar

Political| 02:36 - 04/06/2021   BAGHDAD - Mawazine News The victory coalition released, on Tuesday, the exchange rate of the dinar.

A statement of the coalition, in a statement received by Mawazine News, a copy of it, stated that "the coalition confirms to the public opinion its firm positions that are biased towards the people and the sound management of the state, foremost of which is the management of the economic financial file."

He continued: "In this regard, Al-Nasr affirms its opposition from the start to lowering the exchange rate of the dinar, and has tightened its position since the meeting of the blocks with the Prime Minister in December 2020, which was attended by the representative of Al-Abadi.

The dinar is due to its negative impact on the low-income and middle classes of society and for causing it to raise inflation levels, and to put forward possible alternatives to fill the lack of financial liquidity within an integrated vision to manage and stimulate the economy and create job opportunities for citizens. "Ended 29 / A 43    https://www.mawazin.net/Details.aspx?jimare=148578

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Parliamentary Finance Reveals The Size Of The Internal And External Borrowings In The Budget

Economie| 08:11 - 05/04/2021   BAGHDAD - Mawazine News   The Parliamentary Finance Committee revealed, on Monday, the volume of internal and external borrowing in the 2021 budget.

The head of the Parliamentary Finance Committee, Haytham Al-Jubouri, said, according to the official agency, that "the total of new borrowing in the 2021 external budget amounts to more than two billion dollars as a ceiling. Real borrowing does not exceed 350 million dollars, as for the internal debt, it will not exceed 5 trillion from the central bank when needed. "

Al-Jubouri added, "There is a paragraph in the 2021 budget that includes fixing contractors by introducing job grades on the condition that they bear the relevant department expenses without burdening the state treasury with financial burdens."

He pointed out that "the current year’s budget included job grades for the ministries of health, service departments, water and sewage, and the Baghdad Municipality, and the Federal Service Council will supervise them."    https://www.mawazin.net/Details.aspx?jimare=148473

Al-Kazemi Announces What Is Happening In The Markets And Promises To Protect The Citizen From The Greed Of Traffickers Of The People's Food

Tuesday 06, April 2021 15:39 | Political Views: 163  Baghdad / NINA / Prime Minister Mustafa Al-Kazemi said during the cabinet session held today, Tuesday, that I will personally monitor what is happening in the markets. We must protect the citizen from the greed of traffickers of people's food, and we will not allow bidders to exploit the economic situation.

Al-Kazemi added, "The holy month of Ramadan comes for us, and today we will discuss the issue of the ration card in Ramadan, and I directed the delivery of additional rations during the coming days and the addition of a new quota, and we will discuss this matter with the Minister of Trade." 

https://ninanews.com/Website/News/Details?key=897555

This Is What The Central Bank Governor Discussed With Plasschaert

Economie| 02:00 - 04/06/2021   BAGHDAD - Mawazine News, the Governor of the Central Bank, Mustafa Ghaleb, discussed, on Tuesday, with the Special Representative of the Secretary-General of the United Nations in Iraq, Jenin Hennis Blasshardt, the financial and economic conditions that Iraq is going through.

A bank statement, of which Mawazine News received a copy, said, "Today, the Governor of the Central Bank of Iraq, Mustafa Ghaleb, received the Special Representative of the Secretary-General of the United Nations in Iraq, Jenin Hennes Plasschaert."

The statement added, "The governor discussed during the meeting the financial and economic conditions that Iraq is going through and the measures that the management of this bank leads within the reform plan for the Iraqi banking sector."

For her part, the United Nations representative, Plasschaert, affirmed "supporting the independence of the Central Bank of Iraq, like other international central banks, and its importance during the current and future period." Ended 29 / A 43    https://www.mawazin.net/Details.aspx?jimare=148570

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The Governor Of The Central Bank Discusses With Plasschaert The Financial And Economic Conditions And Measures Led By The Bank Management Within The Reform Plan For The Iraqi Banking Sector

Tuesday 06, April 2021 14:12 | Economical Views: 215  Baghdad / NINA / The Governor of the Central Bank of Iraq, Mustafa Ghaleb, discussed today, Tuesday, with the Special Representative of the Secretary-General of the United Nations in Iraq, Jenin Hennis Blasshardt, the financial and economic conditions that Iraq is going through and the measures led by the bank management as part of the reform plan for the Iraqi banking sector.

During the meeting, according to a statement by the media office of the bank, the representative of the United Nations affirmed the support for the independence of the Central Bank of Iraq, like other international central banks, and its importance during the current and future period. / End 2

https://ninanews.com/Website/News/Details?key=897537

Ahead Of The Start Of The Strategic Dialogue ... 4 Reasons For The United States To Keep Its Forces In Iraq

POSTED ON 2021-04-06 BY SOTALIRAQ   Experts and specialists in Iraqi affairs cite four reasons for the United States to keep its forces in Iraq, two days before the start of the strategic dialogue between Washington and Baghdad.

At the request of the Iraqi government, the US administration agreed to resume the strategic dialogue between them in its second phase, on April 7, via closed-circuit television, to discuss the fields of security, culture, trade, climate, health, combating terrorism, economy and energy.

The second phase of the strategic dialogue, the first in the era of US President Joe Biden, comes after two rounds of dialogue with the administration of former President Donald Trump during 2020, the first on June 10 and 11, via closed circuit television, and the second on August 19 and 20. During Al-Kazemi's visit to Washington.

Armed militias anticipated the start of the dialogue with the United States, and announced their rejection of its outcomes, except on the condition that the American forces be removed from Iraq and the implementation of the parliament's decision that it took at the beginning of last year, after the assassination of the commander of the Quds Force in the Iranian Revolutionary Guard, Qassem Soleimani, and the deputy head of the Popular Mobilization Authority, Qassem Soleimani.

But specialists in Iraqi affairs confirm that the exit of foreign forces from the country at the current time may have negative repercussions on the security situation, in light of the ongoing military operations against extremist organizations and confronting militias.

The war on ISIS

The most prominent reasons for the United States to keep part of its forces in Iraq is to confront ISIS, and to preserve the gains made during the last period, in light of the support provided to the Iraqi forces, whether through air strikes, or logistical and technical support.

Last month, the international coalition witnessed intensive operations and air strikes against targets and hideouts belonging to ISIS, in the governorates of Nineveh, Anbar and Salah al-Din, as well as Diyala, which caused dozens of deaths from the extremist organization.

Last Friday, the international coalition against ISIS, led by the United States, announced that 107 members of the organization had been killed in Iraq and Syria during the past month.

The coalition account on Twitter said, "During the month of March, our partners in Iraq and Syria, with the support of the coalition, carried out 78 operations against ISIS, and were able to deter 107 elements of ISIS's followers from carrying out terrorist acts against citizens."

These statistics raise questions about the readiness of the security forces in the face of ISIS, and the possibility of dispensing with the support provided by the international community.

Discussions will focus on the withdrawal of more US soldiers, the estimated 2,500 soldiers still in Iraq after the withdrawal of more than 2,700 of them during the last year of Trump's term (2017-2021).

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Confronting the militia intrusion

Armed militias have sought to exploit the war against ISIS and its aftermath to strengthen their grip on the political, commercial and security joints, while some have been active in demanding the removal of international forces, such as the coalition against ISIS, or NATO forces, which is seen by observers, in line with the Iranian vision for Iraq.

In a speech last March 11, Iran's Supreme Leader Ali Khamenei stressed that "the United States must get out of Iraq."

The file of ending the US presence in Iraq has always been the subject of widespread political disputes in Iraq, where officials believe that the exit of US forces will open the way for Iran and its arms to increase its influence, at a time when the Iraqi government is facing pressure from Tehran and its proxies demanding the removal of foreign forces from Iraq.

If this is the case with regard to the incursion of armed groups and their growing control over sensitive sectors in politics and the economy, observers believe that the United States cannot completely withdraw from the country, leaving it prey to armed groups that do not believe in building the state and seek to implement the Iranian agenda.

Support the Iraqi forces

Despite the progress made in the path of strengthening the capabilities of the Iraqi military establishment and supporting sensitive agencies such as intelligence, it still needs to expand the scope of its work in the various governorates of the country, which requires a human and technical effort, in addition to developing strategic plans, to face the upcoming challenges, which is This confirms the need to continue to support the local forces of allies.

During the first phase of the strategic dialogue, Washington affirmed its commitment to the sovereignty and territorial integrity of Iraq, and the scheduling of the withdrawal of American forces within three years, during which the Iraqi security forces would be rehabilitated as the United States continued to provide support in the war on ISIS, help Iraq economically, and support the Al-Kazemi government in conducting Early elections.

But political parties do not care much about technical opinion and expert advice on the need for Iraqi forces to support the international coalition.

The deputy for the State of Law Coalition, headed by former Prime Minister Nuri al-Maliki, Kata al-Rikabi, said in a press statement that “The Iraqi delegation scheduled to participate in the strategic dialogue sessions must implement the Council’s decision to remove foreign forces from Iraq, and that there will be a position of the Council in the event that the round of dialogue ends. Without approval of the withdrawal

"The issue of the withdrawal of American forces from Iraq will have a great impact on the security issue, and Iraqi forces will be deprived of great technical support, such as air strikes and intelligence information," said the retired general in the former Iraqi army and an expert in security matters, Mithaq Al-Qaisi. The local forces are still dependent on the technical support provided in this context.

He added to (Pasnews), that “the entry of politicians in this field will cause a great disaster, and they must move away from technical opinions that look at matters away from foreign loyalties, assess the field situation of the army and operations leaders, and the anti-terrorism apparatus, and adopt military expertise and exclude any political opinion. And freedom from external pressures that are too much imposed on the military establishment. ”

No compatibility of ingredients

The Iraqi Council of Representatives, which is dominated by a Shiite majority, adopts the obligation of the Al-Kazemi government to the Council's decision to remove all foreign forces from Iraq, a decision that was issued by the House of Representatives without a vote on it by the Sunni Arab representatives and the Kurds.

The western provinces do not find it embarrassing to build bases for the international coalition and the United States, as is the case in neighboring countries, and this is one of the strengths of the international community, as in the Kurdistan Region, which hosts the Harir base in the capital, Erbil, and enjoys good relations with the United States.

The head of the Kurdistan Region delegation in the Iraqi negotiating team in the strategic dialogue with the United States, Fawzi Hariri, said that the Iraqi delegation, including the region’s representatives, did not demand in previous rounds during the era of former US President Donald Trump to remove US forces from Iraq, but rather to assess the need for survival. And support for these forces according to scientific, military and security data.

Hariri confirmed in press statements, that the current data indicate the need for informational and logistical support, in addition to armament and air cover by the American forces.    LINK

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